City National Bank (California) - History

History

  • Founded by a small group of Beverly Hills entrepreneurs in 1954 (one being Irving Klein).
  • Expanded to Northern California in 2000 with the purchase of The Pacific Bank, followed by the acquisition of Oakland-based Civic BanCorp in 2002.
  • Opened an office in New York City in 2002 to serve California clients who do business on both coasts and prospective clients in Manhattan.
  • Ranked among America's top companies by sales, profits, assets and market value in Forbes magazine's "Super 500" list (2002 and 2003).
  • Recognized by Barron's as one of America's top wealth managers five years in a row (2001 - 2005).
  • Has an established relationship with many entertainment industry clients. Deals with many exclusive and premier clients from various media: television, film, theater, arts.

In mid-2011, the bank opened a branch in Nashville, Tennessee to maintain "position as the premier bank to America’s entertainment industry.”

Read more about this topic:  City National Bank (California)

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